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CONTACT: SHAWN PRESLEY
100 Old Public Library
Iowa City IA 52242
(319) 384-0011; fax (319) 384-0024
e-mail: shawn-presley@uiowa.edu

Release: Immediate

UI doctoral accounting student awarded scholarship

IOWA CITY, Iowa -- University of Iowa doctoral student Greg Sierra has been awarded one of 18 national $10,000 KPMG Peat Marwick Foundation Minority Accounting Doctoral Scholarships for the 1997-98 academic year. The scholarship is renewable for up to five years at $10,000 a year.

Sierra completed his undergraduate work at St. Louis University with a bachelor's degree in biology. Prior to beginning doctorate program at the UI, he was a graduate assistant at St. Louis University where he graduated with a master's degree in finance this spring. He will study financial accounting and capital markets at the UI.

Started in 1993, the Minority Accounting Doctoral Scholarship Program is part of a commitment by the KPMG Peat Marwick Foundation to increase minority representation, not only in accounting programs at colleges and universities, but in the American work force as well.

The program awards scholarships to deserving doctoral candidates of African, Hispanic and Native American ancestry.

5/16/97